(Montréal, August 19, 2002) CMC Electronics has agreed to sell its Military Communications Division to Ultra Electronics of Greenford, Middlesex, England as part of CMC Electronics’ strategy of divesting certain non-core assets and building a leading aviation electronics, infrared systems and space electronics business. This transaction along with the recent acquisition of Flight Visions Inc., a leading designer, manufacturer and marketer of heads-up-displays and mission computers, are important steps in executing CMC Electronics’ strategy. Proceeds of the sale will be used for further acquisitions and for general corporate purposes. The transaction is expected to be finalized over the next few weeks.

(Montréal, August 19, 2002) CMC Electronics has agreed to sell its Military Communications Division to Ultra Electronics of Greenford, Middlesex, England as part of CMC Electronics’ strategy of divesting certain non-core assets and building a leading aviation electronics, infrared systems and space electronics business. This transaction along with the recent acquisition of Flight Visions Inc., a leading designer, manufacturer and marketer of heads-up-displays and mission computers, are important steps in executing CMC Electronics’ strategy. Proceeds of the sale will be used for further acquisitions and for general corporate purposes. The transaction is expected to be finalized over the next few weeks.